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RBI Grade B Officers 2017 jun Paper

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Question : 100

Total: 200

In this question a paragraph with a blank space indicated by (___) is given. The blank space stands for a sentence which fits contextually but is presently hidden. From the given alternatives, find the sentence which is the perfect fit in terms of grammar as well as context in the blank space of the paragraph.
The payment mechanism is simple enough. Newcomers provide details of a credit card or bank account. These are verified with a nominal transaction. Thereafter, a buyer can e-mail a payment directly to a seller. This is immediately debited from the buyer’s credit card or bank account, and a credit is made to the seller’s ‘wallet’ account. Money to a wallet account can be withdrawn by cheque or transferred to a bank account. It can take several weeks for cheques to arrive in the post and for payments to clear, but online payments are made instantly. (___). It has improved the velocity of trade.

Security remains the prime concern of internet shoppers.
The company has faced regulatory challenges, not least because it could be used for the illicit transfer of funds.
This means goods can be shipped right away.
To overcome their concerns, payment protection is now offered in America (up to $500) and in Britain (up to £250) on goods sold by eligible traders.
All the given options

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